Retail premises for sale in Dillwyn Street, Swansea SA1

From £200,000
Interested in this property? Call +44 20 8022 4160 * or Request Details

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Retail premises for sale

Property features

  • Vacant Freehold Investment Opportunity
  • Mixed Use - Retail/Office
  • Planning Permission Granted for two, one bedroom flats
  • Prior Council 'Transforming Towns' grant approval for £30,000, subject to full application
  • Opportunity to Create High Yielding Investment

Property description

Strapline

Auction Sale - 10/10/2023

Of Interest to Investors and Developers. Vacant Freehold Mixed Use Property. Retail to the Ground Floor and Office Above with Planning Permission to Create Two, One Bedroom Flats

Description



The property comprises a vacant mixed use retail/office building arranged over basement, ground, and first floors. The ground floor comprises a vacant retail unit, with separate office, basement storage, kitchenette, WC and separate rear workshop leading to the rear access lane. Whilst the first floor comprises office space and further attic floor space which has been incorporated into the planning approval. The first floor offices benefit from separate access via a rear lane.

The property is to be sold vacant with the benefit of planning on the upper parts to create two, one-bedroom apartments.

Location



The property is located in Swansea close to the City centre approximately 42 miles west of Cardiff and is regarded as one of Wales' main cities. The property occupies a good secondary corner location of Dillwyn Street in close proximity to the end of Oxford Street, the Swansea Quadrant Shopping Centre and the large Tesco Extra.

Tenancy



Vacant

Accommodation



Please note the property has not been inspected by Savills but we understand that the property comprises

Basement

Ground Floor Shop

First Floor Office

Attic Floor Space

Planning



Swansea Council

Planning ref: 2022/0711/ful

Description: Change of use of part of ground floor retail (Class A1) and first and second floor offices/storage (Class B1) to form 2 one bedroom residential units (Class C3) to include front and rear fenestration alterations, front rooflight, rear dormer and associated works

Click here for Link to planning portal

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For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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